New commercial order from Nokia for Latin-American operator

Clavister (Nasdaq:CLAV) has received an order for its virtual security solution as part of a larger Nokia network roll-out for an operator in the Latin-America region. The order signifies that yet another mobile operator decides to commercially deploy Clavister’s security solution for cloud environments. The new order specifices more functions and higher capacity compared to previously announced orders, with a higher initial order value as a result. The order consists of software licenses and support services for the operator’s initial requirements. In addition, capacity upgrade orders following network expansion are expected going forward.

Johan Öhman, CEO at Clavister comments: “This is truly a clear sign that cloud solutions are starting to take off within the telecom market and that our strategic cooperation with Nokia is beginning to generate a true return. We are clearly still very early in this process, but the fact that this order is for another geographical region than previous orders, indicates a global trend which is very promising for the future.”

//Ends

Clavister Investor Relations contact:

Johan Öhman, CEO
P: +46(0)736 796 740 
johan.ohman@clavister.com  

About Clavister  

Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, local and federal governments, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability.  The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.  Clavister is a member of Intel’s Network Builders program (networkbuilders.intel.com), a cross-industry initiative that enables telcos to build and manage business-critical infrastructures, with lower capital and operating costs.  For more information about Clavister, visit  www.clavister.com

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About Us

Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. Clavister’s performance in the security sector was recognised in 2013 with the 2012 Product Quality Leadership Award from Frost & Sullivan. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.Clavister is a member of Intel’s Network Builders program (networkbuilders.intel.com), a cross-industry initiative that enables telcos to build and manage business-critical infrastructures, with lower capital and operating costs. For more information about Clavister, visit www.clavister.com

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Clavister has received an order for its virtual security solution from Nokia Networks
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This is truly a clear sign that cloud solutions are starting to take off within the telecom market and that our strategic cooperation with Nokia is beginning to generate a true return. We are clearly still very early in this process, but the fact that this order is for another geographical region than previous orders, indicates a global trend which is very promising for the future
Johan Öhman, CEO at Clavister